Alpha Technology Group (NASDAQ:ATGL) Shares Down 5.1% – Should You Sell?

Alpha Technology Group Limited (NASDAQ:ATGL) shares fell 5.1% during trading on Thursday . The company traded as low as $14.94 and last traded at $15.00. 1,202 shares were traded during trading, a decline of 80% from the average session volume of 6,080 shares. The stock had previously closed at $15.80.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Alpha Technology Group in a research report on Friday, May 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Alpha Technology Group Price Performance

The business has a 50 day simple moving average of $15.79 and a 200 day simple moving average of $19.05.

Alpha Technology Group (NASDAQ:ATGL) last issued its earnings results on Saturday, January 31st. The company reported ($0.23) EPS for the quarter. The business had revenue of $0.28 million during the quarter.

About Alpha Technology Group

Alpha Technology Group Limited, through its subsidiaries, provides cloud-based information technology services in Hong Kong. The company primarily offers cloud-based and customized customer relationship management and enterprise resource planning systems; web and mobile application development services; artificial intelligence powered optical character recognition services; and technological support and maintenance, and other services, such as maintaining and enhancing services for systems. It serves customers from various industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, social services, etc.